CVE:HAM FY2025 EPS Estimate Decreased by Ventum Cap Mkts

Key Points

• Ventum Cap Mkts has decreased its FY2025 earnings per share estimate for Highwood Asset Management from $0.99 to $0.93.
• ATB Capital has also lowered its price target for Highwood Asset Management shares from C$8.00 to C$7.25.
• Highwood Asset Management stock opened at C$5.45, with a market capitalization of C$80.88 million and a P/E ratio of 1.00.

Highwood Asset Management Ltd. (CVE:HAM - Free Report) - Research analysts at Ventum Cap Mkts lowered their FY2025 earnings estimates for shares of Highwood Asset Management in a report released on Tuesday, July 29th. Ventum Cap Mkts analyst A. Gill now anticipates that the company will post earnings of $0.93 per share for the year, down from their prior estimate of $0.99. The consensus estimate for Highwood Asset Management's current full-year earnings is $1.78 per share.

Separately, ATB Capital dropped their price target on shares of Highwood Asset Management from C$8.00 to C$7.25 in a research note on Friday, July 4th.

Highwood Asset Management Stock Down 1.2%

Shares of CVE:HAM traded down C$0.07 during midday trading on Thursday, reaching C$5.48. The company's stock had a trading volume of 900 shares, compared to its average volume of 5,933. The firm has a market capitalization of C$81.32 million, a P/E ratio of 1.01 and a beta of -0.90. The firm has a 50 day moving average of C$5.56 and a 200-day moving average of C$5.66. Highwood Asset Management has a 12-month low of C$5.02 and a 12-month high of C$6.50.

Highwood Asset Management Company Profile

Highwood Asset Management Ltd., together with its subsidiary, engages in the acquisition, exploration, development, and production of oil and gas reserves in the Western Canadian Sedimentary basin. The company operates through Metallic Minerals, Midstream Operations, and Upstream Operations segments.